Innova Captab IPO vs Jyoti CNC Automation IPO

Comparision between Innova Captab IPO and Jyoti CNC Automation IPO.

IPO Details

Innova Captab IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Jyoti CNC Automation IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Innova Captab IPO	Jyoti CNC Automation IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Jm Financial Limited	Equirus Capital Private Limited ICICI Securities Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the Jyoti CNC Automation IPO is up to ₹1,000.00 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Jyoti CNC Automation IPO is ₹331.00 per share.

	Innova Captab IPO	Jyoti CNC Automation IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹426.00 per share	₹315.00 per share
Issue Price (Upper)	₹448.00 per share	₹331.00 per share
Issue Price (Final)	₹448.00 per share	₹331.00 per share
Discount (Retail)
Discount (Employee)		₹15.00 per share
Market Lot Size	33 shares	45 shares
Fresh Issue Size	71,42,857 shares	3,02,11,480 shares
Fresh Issue Size (Amount)	up to ₹320.00 Cr	up to ₹1,000.00 Cr
OFS Issue Size	55,80,357 shares
OFS Issue Size (Amount)	up to ₹250.00 Cr
Issue Size Total	1,27,23,214 shares	3,02,11,480 shares
Issue Size Total (Amount)	up to ₹570.00 Cr	up to ₹1,000.00 Cr

IPO Timetable

Innova Captab IPO opens on Dec 21, 2023, while Jyoti CNC Automation IPO opens on Jan 09, 2024. The closing date of Innova Captab IPO and Jyoti CNC Automation IPO is Dec 26, 2023, and Jan 11, 2024, respectively.

	Innova Captab IPO	Jyoti CNC Automation IPO
Anchor Bid Date	Dec 20, 2023	Jan 08, 2024
Issue Open	Dec 21, 2023	Jan 09, 2024
Issue Close	Dec 26, 2023	Jan 11, 2024
Basis Of Allotment (Tentative)	Dec 27, 2023	Jan 12, 2024
Initiation of Refunds (Tentative)	Dec 28, 2023	Jan 15, 2024
Credit of Share (Tentative)	Dec 28, 2023	Jan 15, 2024
Listing date (Tentative)	Dec 29, 2023	Jan 16, 2024
Anchor Lockin End date 1	Jan 26, 2024	Feb 11, 2024
Anchor Lockin End date 2	Mar 26, 2024	Apr 11, 2024

Financials

Innova Captab IPO P/E ratio is 31.64, as compared to Jyoti CNC Automation IPO P/E ratio of 433.43.

Innova Captab IPO

Jyoti CNC Automation IPO

Financial

Innova Captab Limited Financial Information (Restated Consolidated)

Innova Captab Limited's revenue increased by 16.45% and profit after tax (PAT) rose by 6.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,086.16	704.41	575.48	369.62
Revenue	234.37	935.58	803.41	412.03
Profit After Tax	17.59	67.95	63.95	34.50
Net Worth	294.27	276.46	208.56	144.78
Reserves and Surplus	317.51	228.51	196.61	132.82
Total Borrowing	441.90	235.19	198.18	45.03
Amount in ₹ Crore

Jyoti CNC Automation Limited Financial Information (Restated Consolidated)

Jyoti CNC Automation Limited's revenue increased by 27% and profit after tax (PAT) rose by 131.18% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,706.07	1,515.38	1,286.24	1,388.19
Revenue	510.53	952.60	750.06	590.09
Profit After Tax	3.35	15.06	-48.30	-70.03
Net Worth	205.63	36.23	-29.68	18.67
Reserves and Surplus	213.33	49.14	11.67	83.11
Total Borrowing	821.40	834.97	792.16	725.12
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

66.85%

72.66%

Promoter Shareholding (Post-Issue)

62.6%

P/E Ratio

31.64

433.43

Market Cap

₹2563.70 Cr.

₹7527.47 Cr.

ROE

24.58%%

18.35%%

ROCE

22.61%%

9.50%%

Debt/Equity

0.85

10.17

EPS

₹14.16

₹0.76

RoNW

24.58%%

18.35%%

Shares Offered

In the Innova Captab IPO retail investors (RII) are offered 44,53,125 shares while in Jyoti CNC Automation IPO retail investors are offered 44,53,125 shares. Qualified institutional buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 90,18,127 shares in Jyoti CNC Automation IPO.

	Innova Captab IPO	Jyoti CNC Automation IPO
Anchor Investor Reserveration	38,16,963 shares	1,35,27,190 shares
Market Maker Reserveration
QIB	25,44,643 shares	90,18,127 shares
NII	19,08,482 shares	45,09,064 shares
RII	44,53,125 shares	30,06,042 shares
Employee	0 shares	1,58,227 shares
Others
Total	89,06,250 shares	1,66,91,460 shares

Bids Received (Subscription)

Innova Captab IPO subscribed 55.26x in total, whereas Jyoti CNC Automation IPO subscribed 40.49x.

	Innova Captab IPO	Jyoti CNC Automation IPO
QIB (times)	116.73x	46.37x
NII (times)	64.95x	38.33x
Big NII (times)	71.59x	42.77x
Small NII (times)	51.65x	29.47x
RII (times)	17.15x	27.50x
Employee (times)		13.14x
Other (times)
Total (times)	55.26x	40.49x

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Innova Captab IPO	Jyoti CNC Automation IPO
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Jyoti CNC Automation IPO	Medi Assist Healthcare IPO
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Inox CVA IPO	Mufti Menswear IPO
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